FDLS vs. IZRL ETF Comparison

Comparison of Inspire Fidelis Multi Factor ETF (FDLS) to ARK Israel Innovative Technology ETF (IZRL)
FDLS

Inspire Fidelis Multi Factor ETF

FDLS Description

Inspire Fidelis Multi Factor ESG ETF is an exchange traded fund launched by Northern Lights Fund Trust IV. The fund is managed by Inspire Investing, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the WI Fidelis Multi-Cap, Multi-Factor ESG Index, by using full replication technique. Inspire Fidelis Multi Factor ESG ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.50

Average Daily Volume

11,551

Number of Holdings *

98

* may have additional holdings in another (foreign) market
IZRL

ARK Israel Innovative Technology ETF

IZRL Description The ARK Israel Innovative Technology ETF (IZRL) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the ARK Israeli Innovation Index, which is designed to track the price movements of exchange-listed Israeli companies whose main business operations are causing disruptive innovation in the areas of genomics, health care, biotechnology, industrials, manufacturing, the Internet or information technology. The Index includes equity securities and depositary receipts of exchange listed companies that are incorporated and/or domiciled in Israel (‘‘Israeli Companies’’) and are included in one of the following economic sectors as defined by FactSet Research Systems: (i) health technology, (ii) communications, (iii) technology services, (iv) electronic technology, (v) consumer services, or (vi) producer manufacturing.

Grade (RS Rating)

Last Trade

$21.39

Average Daily Volume

14,824

Number of Holdings *

25

* may have additional holdings in another (foreign) market
Performance
Period FDLS IZRL
30 Days 6.43% 7.11%
60 Days 7.40% 11.06%
90 Days 6.89% 7.36%
12 Months 25.41% 20.37%
3 Overlapping Holdings
Symbol Grade Weight in FDLS Weight in IZRL Overlap
MGIC D 0.96% 2.13% 0.96%
MNDY C 0.94% 1.87% 0.94%
SMWB A 1.32% 2.78% 1.32%
FDLS Overweight 95 Positions Relative to IZRL
Symbol Grade Weight
HNST A 1.64%
POWL C 1.51%
DAL B 1.31%
DOCU B 1.31%
SFM A 1.3%
IBKR A 1.28%
TILE B 1.27%
TDS B 1.24%
CEIX A 1.22%
NECB C 1.21%
OPRA B 1.19%
TCBX B 1.19%
TRGP A 1.19%
HQY A 1.17%
GRMN B 1.16%
NTNX B 1.16%
PPC C 1.13%
BKR A 1.12%
HWM A 1.12%
QCRH B 1.12%
FIX A 1.11%
STLD B 1.11%
DECK A 1.11%
EME A 1.09%
VIRT A 1.07%
TCMD B 1.07%
BBW C 1.07%
GEN B 1.07%
ACIW B 1.07%
EHC B 1.06%
FCNCA A 1.06%
GFF A 1.06%
ITRI C 1.06%
HSTM B 1.06%
CVLT B 1.06%
CTAS B 1.04%
BFH C 1.03%
TSM B 1.02%
VNET B 1.02%
OSPN A 1.02%
LGTY C 1.01%
RGA A 1.01%
MPLX A 1.0%
TSN B 1.0%
CAT B 1.0%
WLDN C 0.99%
WRB A 0.99%
QNST B 0.99%
ADMA B 0.99%
WWD C 0.99%
CHWY B 0.99%
PNW A 0.98%
VIRC B 0.98%
CPRX C 0.98%
PGR A 0.98%
BMI B 0.97%
APPF B 0.97%
LII A 0.96%
CSTL D 0.96%
FANG C 0.96%
RNR C 0.95%
CBT D 0.95%
THC D 0.94%
OFG B 0.93%
FRST B 0.92%
WES C 0.92%
DVA C 0.91%
FRBA D 0.9%
BELFB C 0.9%
RMD C 0.9%
UGI C 0.9%
QCOM F 0.9%
SAIC F 0.89%
ESEA D 0.87%
BCRX D 0.87%
PTGX D 0.86%
MELI C 0.85%
PHM D 0.85%
EGY D 0.84%
BG D 0.84%
VITL D 0.83%
HY D 0.82%
UHS D 0.81%
NOMD D 0.81%
MG D 0.8%
EVER D 0.8%
DHI F 0.8%
PLUS F 0.77%
CRUS D 0.77%
FSLR F 0.76%
NEM D 0.73%
ASC F 0.64%
OSCR D 0.63%
ATNI F 0.62%
ANGI F 0.59%
FDLS Underweight 22 Positions Relative to IZRL
Symbol Grade Weight
FVRR B -2.72%
SSYS B -2.54%
PLTK B -2.33%
INMD C -2.19%
CYBR A -2.16%
WIX A -2.12%
CGNT B -2.1%
FROG C -2.07%
RDWR B -2.07%
ITRN B -2.04%
NICE D -2.02%
WKME A -2.02%
CLBT B -2.0%
RSKD D -1.97%
NNOX C -1.96%
BWAY B -1.9%
TEVA C -1.9%
MDWD D -1.8%
AUDC D -1.78%
URGN F -1.78%
CHKP C -1.75%
SPNS F -1.54%
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